$158,500
SOLD OCT 21, 2024

Oakbrook Towers East 40 N Tower Rd Unit 4E Oak Brook, IL 60523

1 Bed
1 Bath
1,000 Sq Ft
$528/mo HOA Fee

Recently Sold

$158 Per Sq Ft

2% Below List Price

13 Days on Market

Highlights

  • Fitness Center
  • Landscaped Professionally
  • Community Pool
  • Stevenson School Rated A-
  • Lock-and-Leave Community
  • Party Room

About This Home

As of October 2024

Welcome to this charming 1-bedroom condo on the 4th floor of Oak Brook Towers, offering a fantastic blend of comfort, convenience, and potential. Enjoy breathtaking views from this unit's open living and dining room, which features a wall of windows with dual glass sliding doors. Step out onto the generously sized balcony-your private outdoor space perfect for enjoying the morning sunrise. The functional galley kitchen is equipped with quartz countertops, providing a stylish touch and plenty of potential for customization to make it your own. The spacious master bedroom comes with a walk-in closet, offering ample storage space. Additionally, there are two extra closets within the unit, plus a dedicated storage area and a bike room located on the lower level. This condo is a wonderful opportunity for buyers looking to add their personal touch and enjoy all the benefits of living in a prime Oak Brook location. Building amenities abound, including an outdoor pool, party room, bike room, private locker, BRAND NEW laundry facilities (completed just a couple of months ago). The building has already undergone extensive remodeling with new elevators, new hallway carpet and paint.Enjoy the convenience of free cable, internet, heat, gas, and water. For fitness enthusiasts, an exercise room is available, while indoor HEATED garage parking is offered at seventy/month, with two free exterior parking spaces included, along with ample guest parking. Ideally located near expressways, shopping centers such as Oak Brook and Yorktown, as well as a plethora of entertainment and dining options!

Last Agent to Sell the Property

Alexandra Botiz

Coldwell Banker Realty License #475158356 Listed on: 09/16/2024

Coldwell Banker Realty

Co-Listed By

Lydia Memeti

REMAX Legends License #475137300

Last Buyer's Agent

Michelle Vykruta

Keller Williams Infinity License #475147773

Keller Williams Infinity

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $2,760

Year Built

  • Built in 1969

HOA Fees

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Storage
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

  • Intercom
  • Storm Screens

Schools

  • York Center Elementary School
  • Jackson Middle School
  • Willowbrook High School

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Baseboard Heating
  • Lake Michigan Water

Additional Features

  • Landscaped Professionally

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, tv/cable, exercise facilities, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 194 Units
  • Stephanie Association, Phone Number (630) 629-5522
  • High-Rise Condominium
  • Oak Brook Towers Subdivision
  • Property managed by Lieber Management Services
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Restaurant
  • Party Room
  • Coin Laundry
  • Package Room
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Co-Op

Est. Annual Taxes

$2,760

Year Built

Built in 1969

Lot Details

0

HOA Fees

$528 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,High Rise (7+ Stories)
  • Ownership: Co-op
  • New Construction: No
  • Property Sub-Type: Condo,High Rise (7+ Stories)
  • Subdivision Name: Oak Brook Towers
  • Year Built: 1969
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Storage, Walk-In Closet(s), Lobby, Restaurant
  • LivingArea: 1000
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 162000
  • Lot Features: Common Grounds, Landscaped
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 345
  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Pool, Receiving Room, Restaurant, Security Door Lock(s), Intercom
  • Association Fee Frequency: Monthly
  • Management: Manager On-site,Monday through Friday
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Monthly
  • Management Company: Lieber Management Services
  • Management Contact Name: Stephanie
  • Management Phone: 630-629-5522
  • Master Association Fee: 183
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, TV/Cable, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • Elementary School: York Center Elementary School
  • High School: Willowbrook High School
  • Middle/Junior School: Jackson Middle School
  • Middle/Junior School District: 45

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 2760
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Oct 18, 2024
Sold by
Mcgee Eric
Bought by
Rivers Diane
Seller's Agent
Alexandra Botiz
Coldwell Banker Realty
Buyer's Agent
Michelle Vykruta
Keller Williams Infinity
List Price
$162,000
Sold Price
$158,500
Premium/Discount to List
-$3,500
-2.16%
Views
29
Current Estimated Value
$168,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,392
Avg. Annual Appreciation
8.05%

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 9, 2021
Sold by
Straley Brittany
Bought by
Mcgee Eric
Seller's Agent
Laura Cartwright
@properties Christie's International Real Estate
Buyer's Agent
Shavon Hale
NHS Realty Services
Sold Price
$136,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$129,200
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2020
Closed on
Sep 24, 2020
Sold by
Sowa Robert R
Bought by
Straley Brittany
Seller's Agent
Lydia Memeti
REMAX Legends
Buyer's Agent
Laura Cartwright
@properties Christie's International Real Estate
List Price
$136,900
Sold Price
$128,000
Premium/Discount to List
-$8,900
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$121,600
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Songvictor Donald
Bought by
Sowa Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 31, 2002
Sold by
Butts Ann M
Bought by
Songvictor Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,700
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1999
Sold by
Oddo Annette R and Lee Annette R
Bought by
Butts Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $158,500 None Listed On Document
Warranty Deed $136,000 Proper Title Llc
Warranty Deed $128,000 None Listed On Document
Warranty Deed $135,000 Ticor Title Insurance Compan
Warranty Deed $106,000 First American Title
Warranty Deed $75,000 Intercounty Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $129,200 New Conventional
Previous Owner $121,600 New Conventional
Previous Owner $127,400 New Conventional
Previous Owner $140,000 Unknown
Previous Owner $108,000 Fannie Mae Freddie Mac
Previous Owner $20,250 Credit Line Revolving
Previous Owner $15,900 Credit Line Revolving
Previous Owner $101,600 Unknown
Previous Owner $100,700 Purchase Money Mortgage
Previous Owner $60,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $158,500 -2.2% $159 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $162,000 +19.1% $162 / Sq Ft
06/16/2021 06/16/21 Sold $136,000 -2.8% $136 / Sq Ft
05/03/2021 05/03/21 For Sale -- -- --
05/02/2021 05/02/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $139,900 +9.3% $140 / Sq Ft
09/04/2020 09/04/20 Sold $128,000 -5.2% $141 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/14/2020 08/14/20 Price Changed $135,000 -1.4% $148 / Sq Ft
08/01/2020 08/01/20 For Sale $136,900 -- $150 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,969 $48,003 $4,801 $43,202
2023 $2,760 $44,390 $4,440 $39,950
2022 $2,519 $39,950 $4,000 $35,950
2021 $2,424 $38,960 $3,900 $35,060
2020 $1,998 $38,100 $3,810 $34,290
2019 $1,973 $37,850 $3,780 $34,070
2018 $1,573 $31,280 $3,120 $28,160
2017 $1,758 $28,380 $2,830 $25,550
2016 $1,372 $22,470 $2,240 $20,230
2015 $1,315 $20,940 $2,090 $18,850
2014 $1,843 $26,770 $2,670 $24,100
2013 $1,816 $27,150 $2,710 $24,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12163398

Midwest Real Estate Data (MRED)

APN: 06-28-107-106